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Jan 1, 2013
01/13
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WTTG
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tax holiday. a person earning $50,000 is going to pay $800 more by virtue of the fact that expires. what you have really here now it seems to me is erik canter, the number 2 guy trying to make the number one guy in his own party john boehner look bad or maybe this is his attempt to run for speaker when the new congress comes into affect thursday at noon where they have an election. i mean, baner said let's hand it over to the senate and the assumption was we all do what the senate comes up with. obviously, there's been a breakdown in communication. >> there's this thought going back to the election, the republicans are blindsided by how badly mitt romney was beaten and see this going on in the republican party itself. is this more than example of what's going on in the republican party? or is this an example of how things are going? >> well, yes, the democrats, if this falls apart and there is no vote in the house and it goes over to the next congress where they have to start over again and the ma
tax holiday. a person earning $50,000 is going to pay $800 more by virtue of the fact that expires. what you have really here now it seems to me is erik canter, the number 2 guy trying to make the number one guy in his own party john boehner look bad or maybe this is his attempt to run for speaker when the new congress comes into affect thursday at noon where they have an election. i mean, baner said let's hand it over to the senate and the assumption was we all do what the senate comes up...
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Jan 1, 2013
01/13
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WBAL
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eye 68
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after helping to broker the senate he'll keeping its bears the middle-class a tax hike, but raises taxes on those making over $400,000 a year. massive cuts to federal agencies were delayed for two months. democrats want the chance to vote on the bill as they say boehner promised. >> until now our speaker has said when the senate acts we will have a vote in the house peeping that is what he said. that is what we expect. that is what the american people deserve. >> with an opening prayer appealing for compromise, the house went into session at noon. republicans complain there's not enough deficit reduction. >> is another $1 trillion of debt on the american people. >> my district cannot afford to wait a few days and have the stock market go down 300 points tomorrow if we cannot get together and do something. >> without a deal that conduct the president, i income taxes will rise almost every american. >> new year's, new laws in maryland. game marriage became legal at midnight -- a marriage became legal at midnight this morning. david has more. >> the mayor officiated the first gay marriage a
after helping to broker the senate he'll keeping its bears the middle-class a tax hike, but raises taxes on those making over $400,000 a year. massive cuts to federal agencies were delayed for two months. democrats want the chance to vote on the bill as they say boehner promised. >> until now our speaker has said when the senate acts we will have a vote in the house peeping that is what he said. that is what we expect. that is what the american people deserve. >> with an opening...
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93
Dec 31, 2012
12/12
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CSPAN2
tv
eye 93
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-- tax rates on people that make over $400,000. i don't think that's a good idea because i think it hurts job creation. the better way to get revenue is to eliminate deductions and exemptions for businesses and wealthy individuals and take that money back into the treasury, lower tax rates to create jobs and pay down debt. that's what bowles-simpson did. not juan bipartisan group who has tried to solve our debt problem and our spending problem and our revenue problem suggested raising tax rates. bools, a -- bowles-simpson, a bipartisan group, actually lowered tax rates and did it by eliminating deductions and exemptions and they put a lot of money on the debt, they had a 25% corporate rate and the top personal rate was 30%. they took this $1.2 trillion we give out every year in exemptions and deductions to the favored few, they brought it back into the treasury, they paid down debt and they lowered tax rates to help create jobs. this president's approach is the opposite of simpson-bowles and the gang of six. you had six senators, t
-- tax rates on people that make over $400,000. i don't think that's a good idea because i think it hurts job creation. the better way to get revenue is to eliminate deductions and exemptions for businesses and wealthy individuals and take that money back into the treasury, lower tax rates to create jobs and pay down debt. that's what bowles-simpson did. not juan bipartisan group who has tried to solve our debt problem and our spending problem and our revenue problem suggested raising tax...
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Jan 1, 2013
01/13
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CSPAN
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and i can report that we've reached an agreement on all of the tax -- the tax -- issues. we are very, very close, as the president just said. the most important piece, the piece that has to be done now, is preventing the tax hikes. the president said -- quote -- "for now, our most immediate priority is to stop taxes going up for middle-class families starting tomorrow." i agree. he suggested that action on the sequester is something we can continue to work on in the coming months. so i agree. let's pass the tax relief portion now, let's take what's been agreed to and get moving. let me say, this was not easy to get to. i mean, the vice president and i last spoke about -- yesterday about 12:45 this morning and then again at 6:30 this morning and then multiple times this morning. this has been clearly a -- a good-faith negotiation. we all want to protect taxpayers and we can get it done now. right now. so let me be clear, we'll continue to work on finding smarter ways to cut spending, but let's not let that hold up protecting americans from the tax hike that will take place
and i can report that we've reached an agreement on all of the tax -- the tax -- issues. we are very, very close, as the president just said. the most important piece, the piece that has to be done now, is preventing the tax hikes. the president said -- quote -- "for now, our most immediate priority is to stop taxes going up for middle-class families starting tomorrow." i agree. he suggested that action on the sequester is something we can continue to work on in the coming months. so...
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Dec 24, 2012
12/12
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KPIX
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eye 166
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tax. there's the whole medicare doc things that has to be texed there. ever single things that its own internal complications for voting and passage, on the smallest, most minimal measure. no one is talking this weekend so you can't do anything unless you're talking. >> even the polls show the republicans are going to take had more blame if we go over the cliff, and around here they're saying merry cliffness. there is no reason for congress to come back this week. but this creates a real problem for the president. one, if we go over the cliff, the white house is truly concerned about what the unknown effects will be on the economy, on the stock market, but here's an even bigger thing it's president hoped to get some things done in january. in his first 100 days. he hoped to do no now firearm controls, it immigration. and now whatever hopes for big tax reform are derailed. >> schieffer: when is the new congress sworn? i know for the president it's january 20. they come in on the third, righ
tax. there's the whole medicare doc things that has to be texed there. ever single things that its own internal complications for voting and passage, on the smallest, most minimal measure. no one is talking this weekend so you can't do anything unless you're talking. >> even the polls show the republicans are going to take had more blame if we go over the cliff, and around here they're saying merry cliffness. there is no reason for congress to come back this week. but this creates a real...
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it spared the middle class the tax hike but raised taxes on those making over $400,000 a year. jobless benefits were extended for millions of unemployed but massive cuts to the military and other federal agencies were delayed for two months. democrats now want the chance to vote on the bill and as they say boehner promised. >> until now our speaker has said when the senate acts, we will have a vote in the house. that is what he sped. that's what we expect and that's what the american people deserve. >> to forge a constructive solution for the good of the nation. >> reporter: with an opening prayer appealing for compromise, the house went into session at noon. the republicans complained there's not enough deficit reduction. >> in the present plan, put nearly another trillion dollars of debt on the american people. >> reporter: some democrats is port the plan to prevent more financial instability. >> my district can't afford to wait few days and have the stock market go down 300 points tomorrow if we don't get together and do something. >> reporter: wall street jiters are one pro
it spared the middle class the tax hike but raised taxes on those making over $400,000 a year. jobless benefits were extended for millions of unemployed but massive cuts to the military and other federal agencies were delayed for two months. democrats now want the chance to vote on the bill and as they say boehner promised. >> until now our speaker has said when the senate acts, we will have a vote in the house. that is what he sped. that's what we expect and that's what the american...
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Dec 27, 2012
12/12
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FBC
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eye 237
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coming their way beginning january 1 in everything from medical devices traditional search taxes on investment income. it is about half the size of the fiscal cliff, if you will, tax hikes that could well be added to them if the year finishes the way we stand right now. >> absolutely, lou. i found it interesting if you read the affordable correct many of the onerous mandate created by obamacare were exempted for the unions so i found it interesting that the administration is looking out for the union and not looking out for the state and individual citizens to bearey the load of this. lou: your ground operation would have been a little stronger. you could have prevented people of laws.sorts you don't find that as fair and equitable, right? >> we challenged on constitutional grounds, w but dd not quite get it all. lou: more lawsuits to come and we will see how those, as well. the great state of south carolina. great fobeing with us. hsbc agrees to being a mexican drug cartel bank. terrorists.ertern tonight she meets the former employee wriried to stop hsbc illegal conduct, former hsb
coming their way beginning january 1 in everything from medical devices traditional search taxes on investment income. it is about half the size of the fiscal cliff, if you will, tax hikes that could well be added to them if the year finishes the way we stand right now. >> absolutely, lou. i found it interesting if you read the affordable correct many of the onerous mandate created by obamacare were exempted for the unions so i found it interesting that the administration is looking out...
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Dec 31, 2012
12/12
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CSPAN
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eye 160
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if they no taxes are going down, they will figure things. if they now taxes are staying the same, they will figure it out. right now it they are frozen -- they do not know. families are also in many ways frozen. they do not know whether they have to budget so that they will have $2,000 less next year. they do not know whether it will be $4,000. they do not now. the uncertainty is the fault of leaders who cannot get together. i think it is critical that we get a deal. i hope in the next couple of hours. to me -- somebody asked me, what is the difference if you get it now or five days from now? i say the difference is the uncertainty, this pall, an unnecessary and escalating crisis -- then you say, we do not have to do it now. we do it on the fourth. get it done. america wants us to get it done. the president has shown he is willing to be flexible. he has come out with some ideas i have had to except. he is willing. i know personally how strongly he feels that $250,000 should be where we draw the line in terms of tax breaks, but he was willing
if they no taxes are going down, they will figure things. if they now taxes are staying the same, they will figure it out. right now it they are frozen -- they do not know. families are also in many ways frozen. they do not know whether they have to budget so that they will have $2,000 less next year. they do not know whether it will be $4,000. they do not now. the uncertainty is the fault of leaders who cannot get together. i think it is critical that we get a deal. i hope in the next couple...
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Jan 1, 2013
01/13
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CSPAN
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eye 188
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the tax-cut measure that they did. nobody making $40,000 a month needs a tax breaks. we discussed the tax thing in an earlier program. the middle class is paying for it. i didn't understand that liberals do not band together stronger and show a united force. it is okay to have obama as the president. if we say the president is caving in, we have power. guest: we have seen 26 straight months of private sector job gains. we have seen losses in the public sector. you can expect that public unemployment problem to get worse. progressives can get behind the president and claimed a win over the republicans. or they can hold out for the progressive principles that they originally wanted. i think in congress a lot of folks will wind up back in the president. host: guestok. good morning, steve. caller: happy new year. everybody is talking about going back to the clinton's tax brackets. do you think that is a good idea? andt: go back to the 1990's everybody did quite well. tic talk. apocalyps it is not all that much debilitating when people tend to save the money rather than sp
the tax-cut measure that they did. nobody making $40,000 a month needs a tax breaks. we discussed the tax thing in an earlier program. the middle class is paying for it. i didn't understand that liberals do not band together stronger and show a united force. it is okay to have obama as the president. if we say the president is caving in, we have power. guest: we have seen 26 straight months of private sector job gains. we have seen losses in the public sector. you can expect that public...
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Jan 1, 2013
01/13
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WBFF
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eye 208
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3 after weeks and weeks of meetings...in an early morning ssssion, the senate approves a measuue on tax increases andd spending cuts. ccts.as ed ayne reports...the measure noo goes to the house oo representatives. representatives. --reporter pkk-as folllws --at the stroke of midnight, ann americans were celebrating and ringing in the new year. but the mood in ashington was much more serious.vice president joe biden went too capitol hill late onday night after senate eaderr struck a deal with the whhte house. back intoosession...and around 2-a-m.. the vote was in."the bill as amended is passed."in an 89-to-8 vote, the senate approvvd a measure that puts off sppnding cuts for two months and keeps thh bush-era tax cuts for individuals earning less thann$400,000 and couples eerning llss than $450,000. senate majority leader harry reid said their goal as to prottct america's middll cclss.miidle class the assuuance that their taxes - won't go up 22-hundred doolars each. they'll have the certaintt o plann ow they'll pay for groceries, rent, car senate minority leader mitch mcccnnell said repub
3 after weeks and weeks of meetings...in an early morning ssssion, the senate approves a measuue on tax increases andd spending cuts. ccts.as ed ayne reports...the measure noo goes to the house oo representatives. representatives. --reporter pkk-as folllws --at the stroke of midnight, ann americans were celebrating and ringing in the new year. but the mood in ashington was much more serious.vice president joe biden went too capitol hill late onday night after senate eaderr struck a deal with...
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expected to take up a senate measure approved just hours after midnight and it's halting an enormous tax hike for all but the wealthiest of americans from taking effect. nbc's steve handelsman has all the latest details from capitol hill where it's been a very long night. good morning and happy new year to you, steve. >> reporter: bill, thanks. up here on capitol hill, members of both political parties who badly want these middle class taxes rolled back fast, quote, what the senate did this morning makes it easier for house republicans to follow suit. it was a rare bipartisan senate vote. 89-8. two hours after america went off the fiscal cliff. >> happy new year. >> reporter: vice president biden came to the capitol to sell the fix. he worked out with gop leader mitch mcconnell who spoke for senate republicans. >> we don't think taxes should be going up on anyone. but we all knew that if we did nothing they would be going up on everyone. >> reporter: the senate voted to reverse are today's tax hikes on 98% of americans. but to keep the higher rate, on families making over $450,000. presi
expected to take up a senate measure approved just hours after midnight and it's halting an enormous tax hike for all but the wealthiest of americans from taking effect. nbc's steve handelsman has all the latest details from capitol hill where it's been a very long night. good morning and happy new year to you, steve. >> reporter: bill, thanks. up here on capitol hill, members of both political parties who badly want these middle class taxes rolled back fast, quote, what the senate did...
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106
Dec 31, 2012
12/12
by
WBAL
tv
eye 106
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minimum tax rate. if we go over the fiscal cliff, it will revert to a system not adjusted for inflation. secretary of state hillary clinton remains hospitalized, undergoing treatment for a blood clot. it stems from a concussion she sustained earlier this month while battling the flu. a spokesperson says doctors discovered the blood clot sunday on a follow-up examination. the 65-year-old hillary clinton is being treated with anti coagulates. >> good afternoon, temperatures are warming up more than what we saw yesterday. 38 degrees at the airport and 40 degrees downtown. this is about where we were yesterday but it felt colder yesterday with a strong wind. the highs should be in the low to mid 40's by the afternoon and clouds are increasing as a storm moves this way. it is producing precipitation off -- from the midwest. we will track this for you when we come back in a few minutes. >> if you are planning to hit the town for new year's eve, baltimore is ready to put on a great show. workers are preparing
minimum tax rate. if we go over the fiscal cliff, it will revert to a system not adjusted for inflation. secretary of state hillary clinton remains hospitalized, undergoing treatment for a blood clot. it stems from a concussion she sustained earlier this month while battling the flu. a spokesperson says doctors discovered the blood clot sunday on a follow-up examination. the 65-year-old hillary clinton is being treated with anti coagulates. >> good afternoon, temperatures are warming up...
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52
Dec 27, 2012
12/12
by
WMAR
tv
eye 52
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republicans remain against any tax increases. the debate is park sparking a high stakes match. >> the speaker cares more about his speaker ship than helping the nation. >> nobody is willing to pull the trigger. everybody wants to play the blame game. it's about to put us over the edge. >> reporter: and that's just where the economy may go. some say a situation could be allowing tax increases to tack effect on january 1st and then on the third when the new congress is sworn in, lawmakers can vote to cut taxes. >> the new year brings another deadline for homeowners. december 3rd 1 the last day toa play for the homestead tax credit. the credit is supposed to put a limit on an increase in property taxes if the home's assessment value jumps but it's only supposed to go for a primary residence. its going into effect to eliminate the credit for people who shouldn't be getting it. >> we have plenty ofen eligible properties getting credits they aren't entitled to. in 2007 the general assembly passed another bill requiring a one time appli
republicans remain against any tax increases. the debate is park sparking a high stakes match. >> the speaker cares more about his speaker ship than helping the nation. >> nobody is willing to pull the trigger. everybody wants to play the blame game. it's about to put us over the edge. >> reporter: and that's just where the economy may go. some say a situation could be allowing tax increases to tack effect on january 1st and then on the third when the new congress is sworn in,...
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Dec 31, 2012
12/12
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WMAR
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aaa is not offering its tipsy tax service. a grant ran out. >>> sometimes new year's can get too late for the kids. we'll show you how mort discovery threw -- port discovery threw one for them. >>> and some are using a tragedy to make a profit. we'll show you how your donations can go to the correct place. >> three degrees off, no winner this time. wintry showers. will that be the case to start off hour 2013? we answer that straight ahead on abc2 news at 6:00. >>> last week we warned you about scammers using the name of sandy hook to cash. a woman was arrested for doing that. joce sterman has details in this week's scam alert. 33 croorld noelleal ba hides her face. the victim -- the fbi claims alba set up a charity scam potion as the aunt of 6-year-old victim noah posner. >> it's disheartening. i don't know how people can do it. >> reporter: vicky has scene how low scammers can g she's the god mother of benjamin wheeler. his name has been used in a money grab. >> the money is not set up going to him. it's in his name for someo
aaa is not offering its tipsy tax service. a grant ran out. >>> sometimes new year's can get too late for the kids. we'll show you how mort discovery threw -- port discovery threw one for them. >>> and some are using a tragedy to make a profit. we'll show you how your donations can go to the correct place. >> three degrees off, no winner this time. wintry showers. will that be the case to start off hour 2013? we answer that straight ahead on abc2 news at 6:00....
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Dec 29, 2012
12/12
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CNNW
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eye 288
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and don't forget, the payroll tax goes up, too. >> so taking out for social security taxes -- no one is talking about it. that says to me, those are going back up anyway. those are about a thousand in cost -- so let me ask you, there is the actual what will happen on january first? and it doesn't sound like people will have to worry about their taxes, most people. but what about the psychological impact? haven't we already seen it in christmas buying? haven't we already seen it in hiring? wouldn't we continue to see it -- you know, won't consumer confidence take a hit? won't businesses still say i don't know, i don't know what is happening. >> already has, candy, you have seen it in this year's christmas shopping season was lackluster, at best. i talk to businesses who say we're not hiring right now. we're just cancelling a lot of the plans to make new expenditures expenditures expenditure, this is not a good way to run a railroad. and the economy has already taken a hit because of all of this turmoil in washington. and as i said, i think you know look, i'm a republican. but i think
and don't forget, the payroll tax goes up, too. >> so taking out for social security taxes -- no one is talking about it. that says to me, those are going back up anyway. those are about a thousand in cost -- so let me ask you, there is the actual what will happen on january first? and it doesn't sound like people will have to worry about their taxes, most people. but what about the psychological impact? haven't we already seen it in christmas buying? haven't we already seen it in hiring?...
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376
Dec 29, 2012
12/12
by
KPIX
tv
eye 376
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a big tax bill. it was half-a-million dollars. we sold off 150 acres; gave us hemething to pay the tax with. >> reporter: now, jeff and his wife mary worry their dream of passing the land on to their two daughters will be ruined by the lifcal cliff. the estate tax rate would rise from 35% to 55% on estates worth over $1 million. 1 t today's prices in the napa thley, the pages' land could easily be worth $8 million. you're wealthy, right? u' but it's all in the dirt. you know, we're dirt rich, cash poor. >> reporter: for the pages, more than money is at stake. they want the land that is part of their family's past to also be part of its future. john blackstone, cbs news, in the napa valley. >> glor: and that is not all. apart from the fiscal cliff febate, some other laws are due to expire january 1, and that could cost americans plenty. ar starters, the payroll tax break will end. illial security taxes will go from 4.2% back to 6.2%. if the farm bill is allowed to expire, it is feared milk prices coul
a big tax bill. it was half-a-million dollars. we sold off 150 acres; gave us hemething to pay the tax with. >> reporter: now, jeff and his wife mary worry their dream of passing the land on to their two daughters will be ruined by the lifcal cliff. the estate tax rate would rise from 35% to 55% on estates worth over $1 million. 1 t today's prices in the napa thley, the pages' land could easily be worth $8 million. you're wealthy, right? u' but it's all in the dirt. you know, we're dirt...
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164
Dec 31, 2012
12/12
by
WBFF
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eye 164
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there'' also an extension on unemmloymmnt raise in the eetate tax rate. "we will continue to work on smarter waas to cut spending but ets not let that hold up hike that will ake place in 10 hours." hours." but in order poo thii to be pproved pemocrrts will have to give in on tax hikes and republicans cuts. ompromise on spending here in maryland...tte owwerof several estaurant is neevously pwaainn word from washingtonon any breakthroughh and as john rydell tells us...he's already worried...what thenew year will bring...if there'' no deaa. deal... (rydell) "yeah, isnn' that funny, thhy're countinn down the year on new year's eve, that'ss telling right therr."jjmes assurancess..from eitterthe president...or congress...that fiscal clifff..is imminent. "i think 2003 will bring a lot of unceetainty and a lot of challenges."kkng owns several pestaurants ...ann fears... that starttng new year's day...there'lllbeautomatic increasess..in the federal payroll tax.(king) "and it's a two percent increase across the boarr for all of our employees, they're going to feel
there'' also an extension on unemmloymmnt raise in the eetate tax rate. "we will continue to work on smarter waas to cut spending but ets not let that hold up hike that will ake place in 10 hours." hours." but in order poo thii to be pproved pemocrrts will have to give in on tax hikes and republicans cuts. ompromise on spending here in maryland...tte owwerof several estaurant is neevously pwaainn word from washingtonon any breakthroughh and as john rydell tells us...he's already...
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203
Dec 24, 2012
12/12
by
CSPAN
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eye 203
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in my opinion, all polls are tax deductions, but not all tax deductions are loopholes. a poll is a misuse of an intended deduction and using its in a way in which it was never intended. you agree? guest: i think local is a term that describes a tax advantage that i cannot get or you-- cannot get. -- loophole is a term. caller: we hear of republicans as broadening the tax base. by the pepco word for ge people -- i think that is code for people who are not paying anything now to start paying something. guest: 47% of the people don't pay income tax, but they do pay a other things. there's something called the earned income tax credit for that began in the ford administration. ronald reagan expanded its and bill clinton expanded further. an income-tax credits, low- income workers get a tax advantage to help you and your family, help keep you off welfare, social benefits you more to work and be on welfare. that was a virgin. mor -- that was a virtue. now people are getting up and arms about it saying half the people don't pay taxes. host: clarence page, a prediction, what ha
in my opinion, all polls are tax deductions, but not all tax deductions are loopholes. a poll is a misuse of an intended deduction and using its in a way in which it was never intended. you agree? guest: i think local is a term that describes a tax advantage that i cannot get or you-- cannot get. -- loophole is a term. caller: we hear of republicans as broadening the tax base. by the pepco word for ge people -- i think that is code for people who are not paying anything now to start paying...
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Dec 28, 2012
12/12
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CSPAN2
tv
eye 62
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another one is the estate taxes. today over 80% of the value of a ranch, a farm or equipment in a small business is a nonlick quid land-based or equipment-based asset, which means if someone dies and they have to pay an estate tax on $1 million, over $1 million, which is what it will be january 1, often, i would say in many instances that i have heard actually told to me, heirs have to sell at pennies on the dollar because you can't sell land or equipment for the value that is put on it for an estate. so we are going to throw family-owned farms into a liquidation which also cuts jobs of the people who are working there. none of us want that. i've talked to my democratic colleagues. they don't want that either. today the exemption is $5 million; much more reasonable when you're talking about an asset that is virtually not sellable on the open market. we want to fix that so that families can pass their businesses and farms and ranches to their heirs and keep the people who are working there in jobs. we know that we nee
another one is the estate taxes. today over 80% of the value of a ranch, a farm or equipment in a small business is a nonlick quid land-based or equipment-based asset, which means if someone dies and they have to pay an estate tax on $1 million, over $1 million, which is what it will be january 1, often, i would say in many instances that i have heard actually told to me, heirs have to sell at pennies on the dollar because you can't sell land or equipment for the value that is put on it for an...
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Dec 29, 2012
12/12
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MSNBCW
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seems to be a vote on taxes. democrats will be able to pocket taxes, but it will be separate from spendsing cuts from the outset and then likely there will be another set of negotiations after the new year that will have spending cuts and taxes in it. that sounds like a recipe for democrats getting more in taxes than they would have with an up front deal. are your colleagues worried about that at all or are you? >> first of all, you are enlightening me so something that i was not aware of. that was not the conversation i had with my colleagues across the aisle or with the minority leader. so, you have information that i don't have. look, we cannot solve the problem with taxes you have to do both. this country is in trouble fiscally and financially as well as ratings. if we do not do something significant, we will have a rating problem. and there will come a time that we cannot afford the interest. what is the best thing that we can do now, given the political dynamics in washington that actually makes difference
seems to be a vote on taxes. democrats will be able to pocket taxes, but it will be separate from spendsing cuts from the outset and then likely there will be another set of negotiations after the new year that will have spending cuts and taxes in it. that sounds like a recipe for democrats getting more in taxes than they would have with an up front deal. are your colleagues worried about that at all or are you? >> first of all, you are enlightening me so something that i was not aware...
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97
Jan 1, 2013
01/13
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WUSA
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. >>> legislation to keep taxes from going up across the board is headed to the house of representatives. the senate approved an agreement early this morning. house speaker john boehner has not endorsed that agreement but he has promised a vote or g.o.p. alternative right away. danielle nottingham has more. >> reporter: house speaker john boehner is promising a quick vote on the fiscal cliff bill passed early this morning in the senate or an amended alternative. baner has not endorse -- boehner has not endorsed the agreement which may face opposition from conservative lawmakers in the house. vice president joe biden negotiated a deal with senate republicans over the weekend. the agreement makes bush era tax cuts permanent for individuals making under $400,000 a year and families making under $450,000. it also postpones harsh across- the-board spending cuts for a few months. >> this shouldn't be itself model for how we do -- be the model for how we do things around here but i think we can say we've done some good for the country. >> families will make up today to the assurances their taxe
. >>> legislation to keep taxes from going up across the board is headed to the house of representatives. the senate approved an agreement early this morning. house speaker john boehner has not endorsed that agreement but he has promised a vote or g.o.p. alternative right away. danielle nottingham has more. >> reporter: house speaker john boehner is promising a quick vote on the fiscal cliff bill passed early this morning in the senate or an amended alternative. baner has not...
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Dec 24, 2012
12/12
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WRC
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tax rate hikes are partisan solution driven by the president but he'll get tax rate hikes. >> some lawmakers say that no deal will get done by the end of the year. >>> the second victim of a shooting in northeast washington has died. beasley was found shot in the early hours of saturday morning. harris was found lying in the road nearby and pronounced dead at the scene. police are offering a $25,000 reward for information that helps them solve this case. >>> a fixture on the potomac river since the 1940s could be closing. jack's boathouse has been renting canoes for decades. the national park service owns that land and recently notified the tenant by letter that he had to vacate by the end of january. >> found just a form letter saying we were terminated and had to be out in 30 days. >> he says he started notifying boat owners and 27 employees who would be let go in the boathouse closes. fans of jack's boathouse started a facebook page to try to save the landmark. >>> the mars rover is about to do something never done before on the red planet. it will begin searching for rocks to drill. righ
tax rate hikes are partisan solution driven by the president but he'll get tax rate hikes. >> some lawmakers say that no deal will get done by the end of the year. >>> the second victim of a shooting in northeast washington has died. beasley was found shot in the early hours of saturday morning. harris was found lying in the road nearby and pronounced dead at the scene. police are offering a $25,000 reward for information that helps them solve this case. >>> a fixture on...
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Jan 1, 2013
01/13
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WBFF
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(prioleau) there wwll be a delay in filing oo tax returns." and of course...unttl the house...takes a final votte..on this massive plan...to reduce the deficit... most aaerrcans... won't know... paying... in taxes.john rydell,,fox 45 news t 5:30. baltimore city saw its numberrof homicidee growwinn201. 2012. 17 peoole lostttheir liiessin baltimorr city last pear. that is 20 more compared to 2011 hen baltimore aw a historicclow. is the vice chair of the public ssfety committee. he says while theepolice &pdepartmeet has focused on getting bad guys wiih guns off the street... it's time t shift it's focus to include the community. 10:40:31 i always say it's the 80 20 rule 80 perrent of the officers we have are doing percent 20 percent but one 15 unforntaell those are they people they reeember they're street they're gonna remember - &pthe one who cursed hem out o yelled at them ::8 last monthh pplice commissioner anthony batts division tt address residents' &pconcerns. &pp3 you saw firrt on fox invvlving - a pizza delivery driver who says he was dem
(prioleau) there wwll be a delay in filing oo tax returns." and of course...unttl the house...takes a final votte..on this massive plan...to reduce the deficit... most aaerrcans... won't know... paying... in taxes.john rydell,,fox 45 news t 5:30. baltimore city saw its numberrof homicidee growwinn201. 2012. 17 peoole lostttheir liiessin baltimorr city last pear. that is 20 more compared to 2011 hen baltimore aw a historicclow. is the vice chair of the public ssfety committee. he says while...
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Dec 30, 2012
12/12
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CSPAN
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is it just numbers in terms of tax brackets, were specific tax proposals? guest: believe what the two are fighting over is the threshold of the tax rates -- who is wealthy? people who make over $250,000 a year, or should that number be higher, $400,000, $500,000? another big sticking point is the estate tax. this has received a preferential tax rate dating back to the bush era tax cuts. it was extended again two years ago. that is the real sticking point. it divides the senate democrats. there are a number of senate democrats up for reelection in 2014 that not want to see that tax rate rise. that is a political football here as well. host: as we are in the final hours, what is motivating congress more, public perception, the stock market's? guest: i think it is both of those things. the stock market, all of the analysts i have talked to, they built in a certain amount of time to give congress a face to work this out. increasingly, there is concern that if they do not work this out, the markets will react. particularly kagel we go over the cliff and there is
is it just numbers in terms of tax brackets, were specific tax proposals? guest: believe what the two are fighting over is the threshold of the tax rates -- who is wealthy? people who make over $250,000 a year, or should that number be higher, $400,000, $500,000? another big sticking point is the estate tax. this has received a preferential tax rate dating back to the bush era tax cuts. it was extended again two years ago. that is the real sticking point. it divides the senate democrats. there...
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Jan 1, 2013
01/13
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WBFF
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heads senate overwhelming approoedda 3 last- minute package that era tax cuts in pllce for sh--- 400-thousand dollars... or couples making less than 450- pice president joe bbden delivered the news of a deal to ddmoocratic lawmakers. the packkge blocks spenddng unemployment benefits for the - longgterm jobless, prevents a 27 perrent cut innfees fr &pdoctors who treaa medicare patients and prevvnts a spike in milk prices. a last-minute additioo would also prevent a pay raise for members of congress from lawmakers are rrlievee thht phey ffnally reached an agreement. whole sot: working through the &pnight... weeve reached a deal.... ..... this legislation doos that that whole sot: we can say we've done some good or the country.... through... repuclibans arr eady for &pfor the house is expected ttovote on the proposal either today or tomorrow. cliff... llwmakers also have ceiling.the u-s rrached it's legal borrowing limit of 16-point-4 trillion dollars yesterday.the treasury department is taking measurrss to buy time until the end of february.they include... suspending some investmenns in
heads senate overwhelming approoedda 3 last- minute package that era tax cuts in pllce for sh--- 400-thousand dollars... or couples making less than 450- pice president joe bbden delivered the news of a deal to ddmoocratic lawmakers. the packkge blocks spenddng unemployment benefits for the - longgterm jobless, prevents a 27 perrent cut innfees fr &pdoctors who treaa medicare patients and prevvnts a spike in milk prices. a last-minute additioo would also prevent a pay raise for members of...
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515
Dec 31, 2012
12/12
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FOXNEWSW
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>> okay, if you tax people over $250,000. >> wait a second, okay. >> tax them over a million, you might bring in on the best of years, you might bring-- wait a second you might bring in 80 billion dollars for a year. 60 billion of that is already spoken for in storm damage relief hurricane sandy. you're doing nothing towards getting a deficit situation solved, nothing at all. >> that's it. >> and you slow the economy and the deficit is worse in the future. >> and the republican party say that we shouldn't have-- we're talking. >> what? >> rate-aphobes, and grover cleveland or whatever-- >> that's the president. >> and took millions off the roles, 0 probable did and a fair 10% tax bracket and-- >> and a lot of those people-- why do you jeopardize all of the tax cuts for rich people? >> people who understand this think that that defense is disgusting, for ten years all they said was that president bush only provided tax cuts that benefitted the rich. that was a talking point for years. all of a sudden, it's like, oak, well, he we didn't mean that. >> a lot of that was true. >> and in the
>> okay, if you tax people over $250,000. >> wait a second, okay. >> tax them over a million, you might bring in on the best of years, you might bring-- wait a second you might bring in 80 billion dollars for a year. 60 billion of that is already spoken for in storm damage relief hurricane sandy. you're doing nothing towards getting a deficit situation solved, nothing at all. >> that's it. >> and you slow the economy and the deficit is worse in the future. >>...
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Dec 30, 2012
12/12
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WMAR
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if it doesn't every body income tax also go up. average family would pay an extra $3446 more in 2013. and farm programs would expire. potentially doubling the price of milk. and if congress doesn't pass a new bill. >> we will come back with a new congress in january 4th and the first bill that will be introduced will be class families. >> reporter: the bargaining continues tonight. abc news, new york. >> for more on the fiscal cliff we have you covered. go to abc2news.com. head to the home page slide show for breakdown of what difference scenarios in -- difficulty scenarios in washington -differ scenarios in washingtoncould different scenarios could mean in washington. >>> look at the flames shooting from this house. investigators say a 4-year-old saw the fire and told his grandmother because his parents were not home. man inside tried to put it out- - -- a man inside tried to put piet out but the flames were too intense. no one was injured but the fire caused more than $100,000 worth of damage to the house. >>> a 33-year-old man w
if it doesn't every body income tax also go up. average family would pay an extra $3446 more in 2013. and farm programs would expire. potentially doubling the price of milk. and if congress doesn't pass a new bill. >> we will come back with a new congress in january 4th and the first bill that will be introduced will be class families. >> reporter: the bargaining continues tonight. abc news, new york. >> for more on the fiscal cliff we have you covered. go to abc2news.com....
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Dec 30, 2012
12/12
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WJLA
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would stop the increase of the estate tax. the president has asked democratic leader harry reid to prepare a separate bill to put on the senate floor that would increase taxes for households that earn a quarter million dollars or more, and respect -- expect republicans would block that proposal. but rather than take it back as a stopgap measure, think of it as a political move to try to shift the responsibility of failure on to republi watches the hour of reckoning. >> as the deadline approaches, our coverage of the fiscal cliff negotiations continue on television and on-line at wjla.com. >> some people in the area are still cleaning up after the high wind thursday. and, apart, a tree crashed through a house. -- in takoma park, a tree crashed through a house. in mclean, trees littered the georgetown park way. >> maryland health officials are reporting their first death related to hypothermia of the season. the health department says a 65- year-old man died in frederick county between december 18-24. pulte officials did not rel
would stop the increase of the estate tax. the president has asked democratic leader harry reid to prepare a separate bill to put on the senate floor that would increase taxes for households that earn a quarter million dollars or more, and respect -- expect republicans would block that proposal. but rather than take it back as a stopgap measure, think of it as a political move to try to shift the responsibility of failure on to republi watches the hour of reckoning. >> as the deadline...
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458
Dec 27, 2012
12/12
by
WBAL
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eye 458
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he's hoping to avert deepening spending cuts and higher taxes. both parties appear to be daring eacher to let the year end without a deal. treasury secretary tim geithner says he will be taking steps tomorrow to prevent the government from hitting its borrowing limit on monday. >>> toyota announced a billion dollar settlement over acceleration problems and will install a brake override system and compensate owners for the alleged reduced value of their cars and trucks. >>> for what's trending today, a quick look at what has you talking online. he's only rock'n roll, but she likes him. actress kate winslet married british tycoon. and singer janet jackson's engagement to her bit of of two years, a businessman, set for a wedding in the spring in qatar. >>> if you shout max in a dog park, the top female and male dog names followed by buddy. and they're in and old classics like rover are out. good morning. center traffic guy bob hurt zog is going viral with his dance antics. >> you can't go that way. ♪ ♪ try to get to work on time i'm just the man
he's hoping to avert deepening spending cuts and higher taxes. both parties appear to be daring eacher to let the year end without a deal. treasury secretary tim geithner says he will be taking steps tomorrow to prevent the government from hitting its borrowing limit on monday. >>> toyota announced a billion dollar settlement over acceleration problems and will install a brake override system and compensate owners for the alleged reduced value of their cars and trucks. >>> for...
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Dec 31, 2012
12/12
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WRC
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the cost covered by the new tax hikes. the president scoffed at republican demands for deeper spending cuts. >> shove only spending cuts down, you know -- well, shove spending -- shove spending cuts at us. >> reporter: so much for winning gop allies. >> laughs and jokes and ridicules republicans. why? >> reporter: another question -- will speaker john boehner permit a house vote to hike taxes? if most of his reps will vote no. whatever happens before midnight or doesn't happen. this partisan war on taxes and spending is sure to continue into 2013. i'm steve handelsman, news4, capitol hill. >>> many investors are known for their averse to uncertainty. wall street is closely watching developments on capitol hill. brian sullivan is the coanchor of "streets signs" on cnbc and he's joining us with the latest. hi, brian. >> how are you doing? >> how are protracted negotiations affecting the markets so far? >> it is markets are closing out the year with a high note however, just moments ago cnbc report john harwood at the white h
the cost covered by the new tax hikes. the president scoffed at republican demands for deeper spending cuts. >> shove only spending cuts down, you know -- well, shove spending -- shove spending cuts at us. >> reporter: so much for winning gop allies. >> laughs and jokes and ridicules republicans. why? >> reporter: another question -- will speaker john boehner permit a house vote to hike taxes? if most of his reps will vote no. whatever happens before midnight or doesn't...
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Dec 30, 2012
12/12
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WUSA
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>> tax cuts for millionaires and billionaires. >> . the biggest government waste is -- as we just heard is the war in afghanistan. the cause was to transform afghan society into a replication of the west. a known cause but unattainable. afghanistan is a failure. count let more shattered lives and an immense waste of money and national prestige. okay best government dollar spent, pat? >> the national weather service which like it or not gave us about a week's head start and head start warning that sandy was coming and probably saved thousands of lives when you consider the hurricane in galveston in 1906 killed 6,000 people. >> eleanor? >> obama care. >> susan? >> nasa. mars rover incredible technology. water purification. solar energy and on and on. >> interested in that huh? the moon. clarence? >> the so-called detroit autobail aught. it saved jobs whatever to call it. >> the best government dollar spent the ongoing investment in the iron dome antimissile system by the u.s. and israel. it's setting a standard for reliability that was d
>> tax cuts for millionaires and billionaires. >> . the biggest government waste is -- as we just heard is the war in afghanistan. the cause was to transform afghan society into a replication of the west. a known cause but unattainable. afghanistan is a failure. count let more shattered lives and an immense waste of money and national prestige. okay best government dollar spent, pat? >> the national weather service which like it or not gave us about a week's head start and...
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Dec 29, 2012
12/12
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MSNBCW
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democrats will say they need that much in taxes, too. and because they've already raised rates, they got those middle class tax cuts extended, and the rich ones expired, they'll be open to do hitting through tax reform, which will be easier for republicans to swallow. let's say they do get the one to one match. that will be an $800 billion tax increase for a $1.4 trillion revenue increase in total. so democrats could easily end up when all of this is said and done with more revenue than president obama was asking for a week ago. and it will happen if it happens, because over and over and over and over again, john boehner and the house republicans could not take yes for an answer. they had to say no to this president. so they kept delaying until they were weaker. they pushed negotiations from 2011 where they were very strong, until 2012, right after the president had won re-election, and now they're pushing to 13, after the fiscal cliff hits and they get blamed. it is an odd way to negotiate. to get one republican view on what will come n
democrats will say they need that much in taxes, too. and because they've already raised rates, they got those middle class tax cuts extended, and the rich ones expired, they'll be open to do hitting through tax reform, which will be easier for republicans to swallow. let's say they do get the one to one match. that will be an $800 billion tax increase for a $1.4 trillion revenue increase in total. so democrats could easily end up when all of this is said and done with more revenue than...
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Dec 28, 2012
12/12
by
WBAL
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. >> i hope there is a deal that avoid the worst parts of the fiscal cliff, mainly taxes going up and middle-class people. i think the odds are better than they could be that people think. >> the agreement would include not only an extension of middle- class tax cuts but would also extend unemployment benefits for millions. >> tax increases need to be avoided, they can be. in the end, we will get a deal. the question is the timing. it is encouraging that both sides continue to sit down and have lines of communication open. >> but a smaller deal will only leave a problem for the incoming congress in january. that is discouraging to america's ceo's. >> we still have the big problem of how we are going to fix our deficit and debt in the country. we know the parties have to work together, and we know we have to resolve this as quickly as possible. >> wall street is keeping a close eye on talks in washington. analysts are worried that any delay could rattle already fragile markets. >> two weeks after the tragedy at sandy hook elementary, the topic of gun-control has heated up at the state
. >> i hope there is a deal that avoid the worst parts of the fiscal cliff, mainly taxes going up and middle-class people. i think the odds are better than they could be that people think. >> the agreement would include not only an extension of middle- class tax cuts but would also extend unemployment benefits for millions. >> tax increases need to be avoided, they can be. in the end, we will get a deal. the question is the timing. it is encouraging that both sides continue to...
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Dec 28, 2012
12/12
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WUSA
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income taxes won't be the only taxes going up, if there's no agreement. estate taxes paid by those who inherit property will also jump. here's john blackstone. >> reporter: jeff page owns 120-acre vineyard in california's napa vail vale but when his great-grandfather started farming here in the late 1800s, this was cattle country. >> both sides of the family came in before the turn of the century, and farmed orchard fruit and cattle. >> reporter: but much of the land she grew up on is gone, sold to pay estate taxes after his grandfather's death. had land back in the hills over there? >> yeah. >> reporter: had to sell it all. >> had to sell all of it? >> reporter: estate tax? >> yes. >> his grandfather died in 1972 when estate taxes were at an all-time high, 77%. >> it was a big tax bill. it was half a million dollars we sold off 150 acres, gave us something to pay the tax with. >> reporter: now, jeff and his wife mary worry their dream of passing the land on to their two daughters will be ruined by the fiscal cliff. the estate tax rate would rise from 35%
income taxes won't be the only taxes going up, if there's no agreement. estate taxes paid by those who inherit property will also jump. here's john blackstone. >> reporter: jeff page owns 120-acre vineyard in california's napa vail vale but when his great-grandfather started farming here in the late 1800s, this was cattle country. >> both sides of the family came in before the turn of the century, and farmed orchard fruit and cattle. >> reporter: but much of the land she grew...
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Dec 30, 2012
12/12
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WJLA
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>> that is right, the temporary payroll tax cut is set to expire, affecting everyone getting a paycheck. we are told senate leaders are trying everything, private conferences, phone call, email trying to hammer out a deal before the deadline. the clock is ticking, just three days left now. >> i'm hopeful and optimistic. >> this weekend, government issued the's are arriving at the capitol signal talks are still going on, but the americans are getting impatient. >> sit down, get in a room, and don't come out until you get this taken care of. >> right now, harry reid and mitch mcconnell are working on a so-called mini deal to prevent a tax increase for roughly 98% of american workers, extending unemployment benefits to nearly 2 million people, preventing cuts to medicare doctors. >> whenever we come up with will be in perfect. >> it comes up with president obama calls the bare minimum addressing tax cuts without doing anything to curb spending. >> we will get at best a patch and be here again in two months. congress cannot get out of its own way. >> average family would pay an extra $3,400
>> that is right, the temporary payroll tax cut is set to expire, affecting everyone getting a paycheck. we are told senate leaders are trying everything, private conferences, phone call, email trying to hammer out a deal before the deadline. the clock is ticking, just three days left now. >> i'm hopeful and optimistic. >> this weekend, government issued the's are arriving at the capitol signal talks are still going on, but the americans are getting impatient. >> sit...
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Jan 1, 2013
01/13
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WJLA
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your taxes would go up if the is enacted. could be ideal tonight in the senate. e house has gone home for tonight. i am told as long as they vote pretty soon, it would not be a major disaster. we will keep our eyes on this. we will latino. >> tomorrow is a federal -- we will let you know. >> one thing that was completed was a pay raise for all federal workers. president obama signed an granting arder raise. include members of congress and the white house staff. mr. obama will not be getting a raise. will -- not all will get a raise, and -- be out of the job. leon panetta said he does not the day-to-day operations dramatically if we go over the fiscal cliff. the planning has begun for a layoffs. government civilian furloughs could impact to 800,000 workers. we're learning more about a crash to second involving prince william county. yung died a short time colliding with a minivan bristow. withe witness we spoke describes a chaotic scene. could see people trying to the police officer. it was hard to see through the smoke and flames. >> i thought it was going to exp
your taxes would go up if the is enacted. could be ideal tonight in the senate. e house has gone home for tonight. i am told as long as they vote pretty soon, it would not be a major disaster. we will keep our eyes on this. we will latino. >> tomorrow is a federal -- we will let you know. >> one thing that was completed was a pay raise for all federal workers. president obama signed an granting arder raise. include members of congress and the white house staff. mr. obama will not be...
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Dec 26, 2012
12/12
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WBAL
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tax rates will go up on 30 million households at least. that is something the politicians are going to respond to. >> house republican leaders called on the senate to pass to bills they said would avoid the fiscal cliff. republicans said the lines of communication are still open but the house will not act until the democratically controlled senate does. >> at the maryland due in baltimore, the african lions were not in their native habitat because it was snowing. the weather was so bad that these do closed -- the zoo closed for the day. the snow did not bother the residents of this lion park pret. >> they are tougher than the ones in maryland. we had a couple of inches of snow this morning. we have had snow to sleep to freezing rain to thunderstorms. you name it, we have had it. we have had an inch and a half the tv station. up to 3 inches in westminster. most of that is compressed because of the rain and sleet. up to 3 inches in some areas. the steadiest precipitation has come to an end. you can see some heavy rain on the eastern shore. a
tax rates will go up on 30 million households at least. that is something the politicians are going to respond to. >> house republican leaders called on the senate to pass to bills they said would avoid the fiscal cliff. republicans said the lines of communication are still open but the house will not act until the democratically controlled senate does. >> at the maryland due in baltimore, the african lions were not in their native habitat because it was snowing. the weather was so...
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Jan 1, 2013
01/13
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WMAR
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under terms of the legislation taxes on the middle class will not go up. individuals earning $400,000 a year or more and households earning $450,000 a year or more will see the levels return to clinton are a taxes. >> i think that we've made gigantic prog gressments i hope that we can have a bipartisan agreement as we go forward. >> vice-president joe biden -- >> we are losing an opportunity for reform. >> reporter: opponents of the deal said it was done in haste. >> senator mitch mcconnell said this shouldn't be the model and the senate proceed like a bull in a china closet anyway. >> reporter: if the deal is passed in the house, the president is expected to sign this, killing the tax hikes. i'm elizabeth corey done reporting. >> the senate bill's lack of spending cuts is a concern. house majority leader eric cantor said this is not over yet. >>> the new year was also the deadline to apply for the state's homestead tax credit. december 31st was the deadline this get the application in the mail but you can still turn it in tomorrow. >>> a home caught on fi
under terms of the legislation taxes on the middle class will not go up. individuals earning $400,000 a year or more and households earning $450,000 a year or more will see the levels return to clinton are a taxes. >> i think that we've made gigantic prog gressments i hope that we can have a bipartisan agreement as we go forward. >> vice-president joe biden -- >> we are losing an opportunity for reform. >> reporter: opponents of the deal said it was done in haste....
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Dec 28, 2012
12/12
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WBAL
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and claim they voted to cut taxes. wbal-tv 11 news. >> some good news and now with the ravens officially in the playoffs. now is your chance to get the post season tickets. >> if you get any, send them my way. we will let you know where to get them coming up. >> the following monument in mount vernon? the historic spots that could come down and why is a man-made problem. >> union will be able to protect your child from identity theft. >> still waiting on a damage estimate after a messy car crash in. historic wall at mount vernon park in danger of falling. police are warning anywhere near the park to be careful and they are roping off areas near the park. investigators tell 11 news a man driving a four-door sedan and fell asleep at the wheel crashing into a wall and flipped over. we are told driver was not hurt, but a passenger was taken to the hospital with a neck and back injuries. the lafayette monument was dedicated back in 1924. >> a shortage of chemotherapy drug it, and a batch of alarming statistics showing that
and claim they voted to cut taxes. wbal-tv 11 news. >> some good news and now with the ravens officially in the playoffs. now is your chance to get the post season tickets. >> if you get any, send them my way. we will let you know where to get them coming up. >> the following monument in mount vernon? the historic spots that could come down and why is a man-made problem. >> union will be able to protect your child from identity theft. >> still waiting on a damage...
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Dec 29, 2012
12/12
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CNNW
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that's an extra $900 before taxes. currently members of congress make $174,000 a year except for leaders who make a little more. the last time there was a pay raise was 2009. >>> there is one thing the senate has agreed on, getting aid to victims of superstorm sandy. by a 61-33 vote the chamber passed a measure offering $60 billion in help. it heads to the house which must approve the bill by thursday or else the process to consider the money has to start all over again. at least 113 people were killed when superstorm sandy hit in late october. the governors of new york and new jersey, the hardest hit states, have estimated damages at more than $78 billion. >>> and turning to weather. even though winter is just over a week old, millions of americans probably can't wait for spring to arrive. me, as well, yes. scenes like this in maine are playing out all across the country as snow is now on the ground in almost 65% of the lower 48 states. at least everybody's enjoying it together. look at this video from arkansas where
that's an extra $900 before taxes. currently members of congress make $174,000 a year except for leaders who make a little more. the last time there was a pay raise was 2009. >>> there is one thing the senate has agreed on, getting aid to victims of superstorm sandy. by a 61-33 vote the chamber passed a measure offering $60 billion in help. it heads to the house which must approve the bill by thursday or else the process to consider the money has to start all over again. at least 113...
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Dec 24, 2012
12/12
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WMAR
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. >> time is running out law makers are finger pointing about the lack of progress on averting tax hikes and deep spending cuts set to begin next month. a baltimore county officer is on administrative leave. we will tell you what police say happened behind a gas station that ended with a one man dead. and crisis averted. we made it beyond the end of the world predictions and now we learned we skirted another potential disaster. we will tell you about it ahead on this monday morning. christmas eve. thanks for joining us i am megan pringle. charley has the delay off -- day off but lynn yitette is here and it's a chilly start but no white christmas anyway. just cold. >> it's cold but we have a system he that's going to workits way in here. i am going to talk about that in a second budget talk yo talked about the cold temperatures and that's what we are seeing this morning. 26 degrees in perry hall and elkton at 25. 31 in bel air. really bundle up as you head out and about doing the last minute christmas shopping. do that dress in layers because when you get into the mall you will want to ta
. >> time is running out law makers are finger pointing about the lack of progress on averting tax hikes and deep spending cuts set to begin next month. a baltimore county officer is on administrative leave. we will tell you what police say happened behind a gas station that ended with a one man dead. and crisis averted. we made it beyond the end of the world predictions and now we learned we skirted another potential disaster. we will tell you about it ahead on this monday morning....
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Jan 1, 2013
01/13
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WUSA
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the legislation keeps the bush era tax cuts for middle-class families, raising taxes on incomes over $400,000. the bill prevents a 27% cut in fees for doctors who treat medicare patients and stops a scheduled $900 pay raise for members of congress. >> it could extend unemployment insurance to two million americans who are out there still actively looking for a job. >> this shoondz be the model for -- shouldn't be the model for how we do things around here but i think we can say we've done some good for the country. >> reporter: at least the senate think they've done some good for the country. the house still has to pass the bill for it to really become law and take effect before we fall off the so-called fiscal cliff. but some republicans say this deal will only delay the enevidentible. we'll have that -- the inevitable. we'll have that side of the story coming up at 5:30. >> delia goncalves reporting live from capitol hill. >> you might call it progress, right? >> maybe not. >> something happened over there. >>> 5:04. time for the latest your money report. >> we'll let jessica decid
the legislation keeps the bush era tax cuts for middle-class families, raising taxes on incomes over $400,000. the bill prevents a 27% cut in fees for doctors who treat medicare patients and stops a scheduled $900 pay raise for members of congress. >> it could extend unemployment insurance to two million americans who are out there still actively looking for a job. >> this shoondz be the model for -- shouldn't be the model for how we do things around here but i think we can say...
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Jan 1, 2013
01/13
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WTTG
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social security payroll tax. there was a 2% payroll tax holiday enacted two years ago and putting that back in this bill was not part of the deal. so that tax holiday allowed to expire. about $20 a week from worker's paychecks will be going back to the social security trust fund instead of into their pockets. back to you guys. >> all right. thank you very much. >>> happening now, gay marriage ceremonies in maryland. same sex couples some of them started taking their vows at the stroke of midnight. marriage licenses were given out on december 6th. but the new law didn't go into affect until the new year. dozens of same sex weddings are scheduled for today. this day would not be possible if not for people like patrick. for nearly ten years he's been in the fight for ten years. they were one of the first couples to sue maryland for marriage equality. patrick joins us by phone to talk about this historic day. good morning to you. happy new year. >> good morning. happy new year. >> how are you feeling today? >> i'm ex
social security payroll tax. there was a 2% payroll tax holiday enacted two years ago and putting that back in this bill was not part of the deal. so that tax holiday allowed to expire. about $20 a week from worker's paychecks will be going back to the social security trust fund instead of into their pockets. back to you guys. >> all right. thank you very much. >>> happening now, gay marriage ceremonies in maryland. same sex couples some of them started taking their vows at the...
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Dec 28, 2012
12/12
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WBFF
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that's when automattc tax increasse and ssendinngcuts would take effect. reaching a deal beeooe then on't be easy. becauseeright now, both high-stakes political blame game. we are here in washingtonnworking while the members of the house of reeresentatives are out watching movies and watching the kids play soccerrand bbsketball and doing all kinds oo things. they should be here. i told the prreident i'd beehappy to look at whateeer he proposes but the truth is we're coming up against a hardd &pthis is a conversation we &pbbsh-era tax cuts to everyonne except those americans making year. many republicans rrmain - against any tax incceases. most americans just wann sommthing to be done. ppople are just tired of everyone to come together. if lawmmkers don't reach a deal by jaauary 1st, many econnnmists are oncerned it couud eventually leed to anotherrrecessionn i'm ed payne reporting. supreme coort ustice sonia sottmayor turnssdown a request... to blook part oo thh "affordable heallhcarr act"... ffom going into effect have been filing lawsuiis to - block a ma
that's when automattc tax increasse and ssendinngcuts would take effect. reaching a deal beeooe then on't be easy. becauseeright now, both high-stakes political blame game. we are here in washingtonnworking while the members of the house of reeresentatives are out watching movies and watching the kids play soccerrand bbsketball and doing all kinds oo things. they should be here. i told the prreident i'd beehappy to look at whateeer he proposes but the truth is we're coming up against a hardd...
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Dec 28, 2012
12/12
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WMAR
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. >>> time is running out for homeowners to take advantage of a tax credit. >>> we reveal the cream of skin products. >>> we begin with winter weather. we hope that nothing is moving in and it stays calm. >>> a nice stretch, rosy in the day tomorrow, the wicked winds of today are diminishing, breezy and winds northwest, 10 to 15, even the peak wind gusts are down. things are quieting down. wind chills in the 20s. while one storm continues to head out into eastern kansas, a new storm on the texas coast and that will be the saturday weather maker. doesn't look like much now but it is headed our way for the first half of the weekend and it will mean winter weather for maryland and we got the details in a few minutes. >>> have you been swammed with news of a fiscal cliff where your property rates could rise if you don't take action. for half a million marylanders, they may be missing out on free money. we have more on that. >> reporter: we are talking about losing hundreds and possibly thousands of dollars if the homestead tax credit mick -- application is not filled out. we learned that m
. >>> time is running out for homeowners to take advantage of a tax credit. >>> we reveal the cream of skin products. >>> we begin with winter weather. we hope that nothing is moving in and it stays calm. >>> a nice stretch, rosy in the day tomorrow, the wicked winds of today are diminishing, breezy and winds northwest, 10 to 15, even the peak wind gusts are down. things are quieting down. wind chills in the 20s. while one storm continues to head out into...